Short Interest in Themes Cybersecurity ETF (NASDAQ:SPAM) Grows By 109.8%

Themes Cybersecurity ETF (NASDAQ:SPAM) saw a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 5,685 shares, a growth of 109.8% from the April 30th total of 2,710 shares. Currently, 7.1% of the company’s shares are short sold. Based on an average trading volume of 2,654 shares, the short-interest ratio is presently 2.1 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Themes Cybersecurity ETF stock. OLD Mission Capital LLC acquired a new position in Themes Cybersecurity ETF (NASDAQ:SPAM) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 9,222 shares of the company’s stock, valued at approximately $283,000. OLD Mission Capital LLC owned 11.53% of Themes Cybersecurity ETF as of its most recent filing with the Securities & Exchange Commission.

Themes Cybersecurity ETF Stock Performance

Shares of Themes Cybersecurity ETF stock opened at $40.11 on Monday. The firm has a market capitalization of $3.21 million, a price-to-earnings ratio of 28.26 and a beta of 0.88. Themes Cybersecurity ETF has a fifty-two week low of $27.43 and a fifty-two week high of $40.17. The stock has a 50 day moving average of $32.58 and a 200 day moving average of $31.56.

Themes Cybersecurity ETF Company Profile

The Themes Cybersecurity ETF (SPAM) is an exchange-traded fund that is based on the Solactive Cyber Security index. The fund seeks to track a concentrated index of stocks from developed markets that derive their revenues from digital security software. Stocks are weighted based on market capitalization. SPAM was launched on Dec 8, 2023 and is issued by Themes.